Compuware Announces Intention to Acquire INNOVATION’s Data Processing Assets
– INNOVATION Data Processing is a leader in enterprise data protection, business continuity and storage resource management solutions, serving the mainframe market since 1972.
– The addition of INNOVATION’s robust data and backup solutions complements Compuware’s existing product line, focused on empowering businesses to take advantage of their modern mainframes with ease and efficiency.
– This acquisition will be Compuware’s sixth in the last three years.
DETROIT and SMALL FALLS, NJ, December 10, 2019 /PRNewswire/ — Compuware Companythe leading mainframe DevOps software provider, today announced that it has signed a definitive agreement to acquire the assets of INNOVATION Data processinga market leader in enterprise data protection, business continuity and storage resource management solutions for the mainframe market.
The transaction is subject to customary closing conditions and is expected to close within the next quarter. This will be Compuware’s sixth mainframe software or services acquisition in the past three years.
The addition of INNOVATION’s flagship data protection and management solution product lines FDR, FDRPAS and IAM, as well as segment-leading solutions including UPSTREAM and FATSCOPY, complements and extends Compuware’s mainframe software portfolio, including Abend-AID, COPE, File-AID, Hiperstation, ISPW, Strobe, ThruPut Manager, Topaz and Xpediter.
“Given our mission to modernize every aspect of mainframe software delivery, the inclusion of INNOVATION’s talent, expertise and industry-leading backup and data protection solutions is a natural extension of the culture of our company and its leading mainframe software portfolio,” said Compuware CEO. Chris O’Malley. “Like Compuware, INNOVATION has a rich heritage of innovation that enables customers to leverage their mainframe with ease and efficiency. With the growing importance of data and compliance mandates, our customers will now have access to a comprehensive set of proven solutions already used by hundreds of large companies around the world.”
“Compuware is the perfect place for INNOVATION products and customers,” said INNOVATION CEO and Founder. Anthony Mazzon. “Compuware has demonstrated a unique understanding of the new challenges facing mainframe owners and I believe this acquisition will best serve the needs of the global mainframe storage management customer base.
INNOVATION Data processing
INNOVATION Data Processing is a leading international provider of enterprise data protection, business continuity and storage resource management solutions addressing enterprise information security concerns since 1972. Combining high performance design With non-disruptive virtualization, backup, easy-to-use and highly reliable recovery, data replication and protection of privileged information, INNOVATION solutions aim to eliminate business downtime while addressing security issues. data security. Actively partnering with leading storage vendors to ensure technology currency, INNOVATION is the choice of thousands of enterprise customers worldwide for their business resiliency needs. The company is headquartered in Little Falls, New Jersey.
Compuware enables the world’s leading companies to excel in the digital economy by leveraging their mainframe investments. We do this by providing innovative software that enables IT professionals with soft skills to develop, deliver and support mainframe applications with ease and agility. Our modernized solutions uniquely automate mainframe work, integrate into a cross-platform DevOps toolchain, and measure the quality, speed, and efficiency of software delivery. Learn more about compuware.com.
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